Verizon Signs Deal for Space-Based Cellular Service

Verizon and AST SpaceMobile strike a new deal to provide cellular service from space.

The service will roll out next year, bringing satellite-powered mobile coverage.

[{"selector":"#anim-5bcb0106-f0fa-43c9-a8c9-5135d1c716f9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7f3c121b-df3d-4045-8df9-c7fd298a7f4c","keyframes":{"transform":["translate3d(0px, -424.98088%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

AST SpaceMobile shares jumped over 11% after the announcement.

[{"selector":"#anim-a394120f-c40e-4c86-8219-758558b15459","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a060c70d-c7e8-463e-bcfb-f651358e3ec6","keyframes":{"transform":["translate3d(0px, -542.07027%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Verizon will extend its 850 MHz spectrum using AST’s space-based broadband.

[{"selector":"#anim-6a1aca0b-fc72-4df4-988c-5d23f50e51c3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b4bbf1c6-bcc2-4088-8463-f2d779eb2787","keyframes":{"transform":["translate3d(0px, -440.84294%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

AST says it’s building the first and only global cellular network in space.

[{"selector":"#anim-e190539e-d6d6-4309-97fc-0a155109e533","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b491d4a4-002c-476f-bdf9-47bd8d86f10e","keyframes":{"transform":["translate3d(0px, -519.84805%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

This means phone users could get direct space connection even in remote areas.

[{"selector":"#anim-ff519693-73eb-4ca6-90e8-75e703e9b1bc","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1aa5c123-71d3-4c60-8916-a1aeb55730e3","keyframes":{"transform":["translate3d(0px, -433.25676%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

AST has already proven its satellite capabilities in recent test runs.

[{"selector":"#anim-39e0fc38-f072-413a-ac68-15632e814d9f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ef2f5579-77fd-44ea-90bf-578a62417314","keyframes":{"transform":["translate3d(0px, -527.54035%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Will this space-cell deal transform mobile coverage across the U.S.?

[{"selector":"#anim-5e9ff8fb-4bf4-4876-9cc1-4b053d1f5de6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bd9ca27d-0437-4929-a03f-312e8c4172f9","keyframes":{"transform":["translate3d(0px, -184.29121%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

TRENDING: Mega Millions Results Oct 7: Winning Numbers for $547M Jackpot

[{"selector":"#anim-575473c1-13de-4c64-b144-6bb58ef2cafb","keyframes":[{"offset":0,"transform":"translate3d(0, -474.7646%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -133.50380552%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -45.38749576%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -17.04404914%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -7.406327759999999%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":600,"fill":"both"}] Mega Millions Results Oct 7